ISSN: 2222-6990
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In accordance with Malaysia’s aim in becoming an Entrepreneurship Country in line with National Entrepreneurship Policy (DKN 2030), which was officiated in September 2019, the vitality of the industry will be emphasized through small and medium-sized enterprises (SME) activities. Past researches have shown there are relationships between knowledge and entrepreneurs’ success. Knowledge is a factor to the entrepreneurship purpose. Therefore, this article discusses the relationship between knowledge and SME’s entrepreneurial success in Melaka. Moreover, the existence of various SMEs truly make an impact on a country's economy. The objective of this research is to see the level of knowledge and success of SME entrepreneurs in Melaka and to see the relationship between knowledge and success of SME entrepreneurs in Melaka. This research involved 74 respondents among Malay SME entrepreneurs in Melaka. The findings of this research through descriptive analysis found that the level of knowledge and the factor of respondents’ success is at a high level. However, findings through inferential analysis of research hypothesis tests showed a high positive relationship between knowledge and entrepreneurs’ success factors. Thus, there are several propositions that can be improved and suggested to the entrepreneurs in particular, an entrepreneur should improve his knowledge about the business he does either new or existing knowledge. Own experience or other people are also a knowledge for an SME entrepreneur to succeed. Finally, other suggestions will be discussed clearly in the research as findings.
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In-Text Citation: (Esa et al., 2021)
To Cite this Article: Esa, M. M., Aziz, N. E. M., Mokhtar, M. Y. O., & Idris, N. A. (2021). Relationship Between Knowledge and Sme Entrepreneurs’ Success in Melaka. International Journal of Academic Research in Business and Social Sciences, 11(2), 461–471.
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